June 2, 2026
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India’s forex reserves reach record high of $360.25 billion

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The country's foreign exchange reserves have risen by $333.7 million to reach a fresh life-time high of $360.250 billion in the week to April 15, the Reserve Bank of India said today.

India's forex reserves are at record high
India's forex reserves are at record high Image Source :

Mumbai: The country's foreign exchange reserves have risen by $333.7 million to reach a fresh life-time high of $360.250 billion in the week to April 15, the Reserve Bank of India said today.

In the previous week, the reserves had increased by $157.4 million to $359.917 billion.

The forex kitty increased on account of rise in foreign currency assets (FCAs), which constitute a major component of the overall reserves.

FCAs rose by $341.4 million to $336.187 billion in the week under review, an RBI release said.

FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and the yen held in the reserves.

The country's special drawing rights with the International Monetary Fund declined by $2.9 million to $1.498 billion and the reserve position dipped by $4.8 million to $2.450 billion, the apex bank said.

(With PTI inputs)

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